Brace for coronavirus hit to economy, says BlackRock’s Larry Fink
- 5:10PM FEBRUARY 25, 2020
The world’s most powerful fund manager has warned coronavirus could slow the global economy with markets mispricing the likely impact of the pandemic.
In the wake of Wall Street’s biggest fall in two years on Monday, BlackRock chief executive Larry Fink expressed surprise that financial markets had “under-appreciated the severity of the virus” until this week.
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